Fyre Festival's Founder Arrested Again On Fraud Charges

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Last year the entrepreneur was placed under arrest after he charged exorbitant ticket prices for what turned out to be a fake luxury music festival in the Bahamas.

This past Tuesday, McFarland was arrested again and charged with earning $100,000 by selling fake tickets to exclusive fashion, sporting, and music events. Apparently, McFarland sold the passes through a company called NYC VIP Access.

Manhattan federal prosecutors charged him with one count wire fraud and one count money laundering. McFarland faces a maximum 40 years in prison if convicted.